Quotas and Tariffs Can

question 71

Multiple Choice

Quotas and tariffs can:

• A) have the same effect on the price of a domestically produced good if they are set appropriately.
• B) never have the same effect on imports and import prices.
• C) both increase international trade by the same amount if set appropriately.
• D) yield the same amount of tax revenue if they are set appropriately.

---

Definitions:

Dental Work

Medical procedures and treatments involving the teeth and gums, including fillings, extractions, cleanings, and orthodontics.

Stress

A physical or psychological response to external stimuli that are perceived as challenging or threatening to an individual's well-being.

Shocks

In a psychological context, refers to an unexpected or disturbing event that causes emotional distress. In a physical context, it can refer to a sudden and violent blow or impact.

Stressful Experience

An event or situation that triggers significant emotional, physical, or psychological strain or tension in an individual.